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Hotels, Motels & Cruise Lines

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Hilton approves spin-off of Park Hotels & Resorts, Hilton Grand Vacations

Monday, 5 Dec 2016

Hilton Worldwide Holdings Inc : Hilton Board of Directors approves spin-off of Park Hotels & Resorts and Hilton Grand Vacations . Hilton Worldwide Holdings Inc - Record date of spin off is December 15, 2016 . Hilton Worldwide Holdings- Board approved a 1-for-3 reverse stock split for Hilton, which will become effective after market close on January 3, 2017 . Hilton Worldwide Holdings Inc - Park and HGV to begin "regular way" trading on New York Stock Exchange on January 4, 2017 . Hilton Worldwide Holdings- Following completion of spin-offs, Hilton will continue to be led by current president and CEO, Christopher J. Nassetta . Hilton Worldwide Holdings - Hilton Board approved distribution of 1 share of park common stock for each 5 shares of co .Hilton Worldwide Holdings - Hilton Board approved distribution of 1 share of HGV common stock for each 10 shares of Hilton common stock.

China Lodging Group qtrly earnings per share $0.15

Monday, 14 Nov 2016

China Lodging Group Ltd : Qtrly earnings per share $0.15 . Says for Q3 of 2016, excluding share-based compensation expenses, adjusted diluted earnings per share were $0.16 . China Lodging Group Limited reports third quarter of 2016 results . Sees FY 2016 revenue up 12.7 to 13.3 percent . Q3 revenue RMB 1.774 billion versus I/B/E/S view RMB 1.8 billion .Sees Q4 2016 revenue up 9 to 11 percent.

Tourism urbanization Q3 loss widens

Monday, 14 Nov 2016

Tourism Urbanization Co : Q3 total revenue EGP 1.2 million versus EGP 628,078 year ago . Q3 net loss EGP 4.6 million versus net loss EGP 2.9 million year ago Source: (http://bit.ly/2fy2RgK) Further company coverage: [TOUR.CA] ((Bangalore.newsroom@thomsonreuters.com;)).

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